Timothy Barakett Spends US$4.1m Buying KKR Shares

KKR & Co. Inc. (NYSE:KKR) shareholders (or potential shareholders) will be happy to see that insider Timothy Barakett recently bought a whopping US$4.1m worth of stock, at a price of US$118. Aside from being a solid chunk in its own right, the deft move also saw their holding increase by some 23%.

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The Last 12 Months Of Insider Transactions At KKR

In fact, the recent purchase by Timothy Barakett was the biggest purchase of KKR shares made by an insider individual in the last twelve months, according to our records. That implies that an insider found the current price of US$121 per share to be enticing. That means they have been optimistic about the company in the past, though they may have changed their mind. While we always like to see insider buying, it's less meaningful if the purchases were made at much lower prices, as the opportunity they saw may have passed. In this case we're pleased to report that the insider purchases were made at close to current prices.

KKR insiders may have bought shares in the last year, but they didn't sell any. The chart below shows insider transactions (by companies and individuals) over the last year. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

Check out our latest analysis for KKR

There are always plenty of stocks that insiders are buying. If investing in lesser known companies is your style, you could take a look at this free list of companies. (Hint: insiders have been buying them).

Insider Ownership Of KKR

Many investors like to check how much of a company is owned by insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. KKR insiders own 24% of the company, currently worth about US$25b based on the recent share price. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

What Might The Insider Transactions At KKR Tell Us?

It's certainly positive to see the recent insider purchases. We also take confidence from the longer term picture of insider transactions. Once you factor in the high insider ownership, it certainly seems like insiders are positive about KKR. That's what I like to see! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing KKR. While conducting our analysis, we found that KKR has 1 warning sign and it would be unwise to ignore this.

But note: KKR may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.